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S&P 500
5,127.79
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1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
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Brent Oil
83.09
(
-0.05%
)
Bitcoin
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0.44%
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oilin07

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oilin07

Re: JC4033 post# 176

Friday, 12/12/2014 11:23:29 PM

Friday, December 12, 2014 11:23:29 PM

Post# of 801
The ONLY thing that has caused this crash...because that's what it has been so far...a crash...has been oil dropping like a rock. Nobody knows for sure what oil is going to do either its all speculation . EOX has one year for oil to atleast climb back over $60. Boon Pickens on Cramer last week predicts $100-$120 oil in 12-18 months. Overall your right in that you should never catch a falling knife....however this is different and its based on something the company itself has no real control over.
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